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Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year

Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is why. Conduit says Brazilian police never as...

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Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year
Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is why. Conduit says Brazilian police never asked Tether to freeze its treasury wallet and that Tether’s own financial crime unit selected the address using criteria […]

Why this matters

Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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